Archive for September, 2010
The US Dollar Index has shown declines throughout the month of September, providing some momentum to equity indices. Seasonality suggests that an intermediate bottom in the US Dollar Index is near, finding a short-term low at the end of September and remaining flat to negative into Oct
09.30.2010| Situational Analysis | Tech Talk
Looking to the seasonal charts pertaining to the US Presidential Cycle for the current period (mid-term election year) and the next period (pre-election year), the October lows of the present year lead into a 12-month rally before showing signs of leveling off based on historic averages. Mo
09.21.2010| Situational Analysis | Tech Talk
Housing starts for August are due to be released tomorrow at 8:30am. Market expects 550K versus 546K previous. With the market moving potential of this economic figure, we decided to create a seasonality chart of this indicator using data from the past 50 years. Initial appea
09.20.2010| Situational Analysis | Tech Talk
The year 1998 continues to keep coming up in comparative analysis performed by Tech Talk due to the equivalent upside move during the month of September thus far. 1998 was the last year in recent history (past 20 years) and one of only a few in the history of the S&P 500 that has s
09.20.2010| Situational Analysis | Tech Talk
A reasonable gauge of market sentiment is the Put/Call Ratio. This is the ratio of the volume of put options to the volume of call options. Alternatively, open interest can be used in the calculation, as opposed to volume. The ratio has become a commonly used indicator to determine if investors a
09.20.2010| Market Sentiment | Tech Talk
Investment portfolios have been hit hard this summer. Individual investors are fearful of placing assets at risk due to higher than average volatility. Equity mutual funds have not fared well with average performance year to date down 2%. The days of easy money have come to an end leaving money ma
09.17.2010| Timing The Market | Tech Talk